Author Archives: Danielle Park

I’ve often mentioned that bankruptcy filings usually peak some 18 months after a recession ends.  Government support and payment deferrals have delayed bankruptcies flowing from the COVID-19 triggered depression, but the deadwood is building all the same. The go-to maneuver … Continue reading →

Parabolic lumber prices are not due to a lack of trees. Consolidation in mills over the past couple of decades is part of the story.  But most of all, the familiar forces of cheap credit, rampant financial speculation and stockpiling … Continue reading →

The always worthwhile Hoisington Review and Outlook for the first quarter is now available to the public here.  Some lucid analysis to counter the “inflationary psychosis” now gripping asset markets.